Holcim shareholder backs Lafarge deal
Irish building materials and concrete producer CRH’s €6.5bn shareholder- and EU-approved takeover of certain assets due to be offloaded as part of the Holcim-Lafarge merger rests on formal backing from Holcim’s investors.
“Having analysed all advantages and disadvantages of a possible creation of the biggest global construction materials player, we think that the prospective of the development of the combined company is very positive, so we will support the merger,” Eurocement Holding said in a statement.
